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It's been going crazy. This is like the run it made a couple of years ago when it went to 20k. The alt coins went crazy then it all came tumbling down again. I can't see this time being much different except I'll buy more when the floor drops out.
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Originally Posted by
SloppyJ
It's been going crazy. This is like the run it made a couple of years ago when it went to 20k. The alt coins went crazy then it all came tumbling down again. I can't see this time being much different except I'll buy more when the floor drops out.
You know I thought that myself but then I couldn't resist digging deep to find out what is going on here. What I found is really a testament to the fact that this bull run/market is very much different. We now have institutional money pouring in where as in 2018 there was little if none at all. Major investors and investment firms are starting to see this as a store of value. Fidelity Investments, Square, Paypal, Microstrategy and on and on are now firmly placed in the cryptocurrency markets. Proof of this new type of money is the dip we saw in the wee hours of Monday morning when BTC dropped several thousand dollars just to be brought right back up to 31k by the time i woke up. So this run is very much fueled by new money/different money and a renewed interest in light of world affairs especially the fact that fiat is shitting the bed.
I think you may find that the new solid support floor is right around 28k and climbing. How high this climbs is anyones guess. It's one of those moments where you have the opportunity to take a leap of faith with a large sum of cash based on due diligence and a calculated risk assessment. It could just be the one chance that pays off huuuuuggggeeeee!!!! Fuck-I hope it does
JUST BECAUSE YOU'RE OFFENDED DOESN'T MEAN I'M WRONG
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Originally Posted by
SloppyJ
It's been going crazy. This is like the run it made a couple of years ago when it went to 20k. The alt coins went crazy then it all came tumbling down again. I can't see this time being much different except I'll buy more when the floor drops out.
I believe your going to have wait a while for it to bottom again . Now I wouldn't put all my eggs in that basket either
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Originally Posted by
ilovehgh
I said drop 1k bro not 9 lol. Shit even 100 bucks worth of bitcoin back when it was dirt cheep would be MILLIONS right now. Just wishful thinking is all. I'm currently invested in Ethereum and Ripple and if BTC take a big drop I'll drop a few grand on it and see what it does by 2030 lol.
Assume ether is etherium?
“What kills, survives.” L
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Originally Posted by
maxmuscle1
35k right now.
Max
Max is gonna cash out and use his funds to open a damn restaurant lol! Well actually the first ever GYM/RESTAURANT that would be interesting!
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The conservative prediction is $55k
Some say up to $318K !!!!!!!!!
If we see $318 k at the end of 2021 I will never have to work again and just jet set the globe!!
Congratulations to all the brave ones who have hung in there and not sold out! You are about to see your courage rewarded
JUST BECAUSE YOU'RE OFFENDED DOESN'T MEAN I'M WRONG
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Originally Posted by
Chandlerjohnson325
Max is gonna cash out and use his funds to open a damn restaurant lol! Well actually the first ever GYM/RESTAURANT that would be interesting!
Sent from my iPhone using Tapatalk
I grew up in the rest business as my mom and grand have ran more than a few. It is a very hard biz; I actually would like to make a e-book/Vlog or have something to do with food and fitness. Cheat Meals Included! . These fitness meals made custom are a good idea but; they fail a lot as well. I wanted to order the Jay Cutler MegaFit Meals to see how they tasted but they had a 32 meal custom made deal which was $400 and after his promo code it was $342, basically 4 meals daily w a few snack items and it would last one week. So if I subscribed 5% more off. It was $325 a week: $1,300 a month!! They were good custom meals but, I can make the same thing{actually better}for $400(all grass-fed organic) or $250 eating cheaper meats@Sams/Costco and have a ton of extra carbs and increased protein. It is time consuming prepping, cooking and packaging my food But damn! $1,300 a month is out of bounds. I laughed because a lot of the meals are what I eat. He even had a Cutler version Max Burrito, lol. It was 690kcals: 40p, 45c, 38f . I customize mine to my goal/requirement at the time. Some are keto style, some are 816kcals: 65p, 130c, 4f for bulk meal.
But I can make for $1.40. His are $11.95!! He also has a limited delivery area. Hmmm
Max
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Originally Posted by
gihbo
You know I thought that myself but then I couldn't resist digging deep to find out what is going on here. What I found is really a testament to the fact that this bull run/market is very much different. We now have institutional money pouring in where as in 2018 there was little if none at all. Major investors and investment firms are starting to see this as a store of value. Fidelity Investments, Square, Paypal, Microstrategy and on and on are now firmly placed in the cryptocurrency markets. Proof of this new type of money is the dip we saw in the wee hours of Monday morning when BTC dropped several thousand dollars just to be brought right back up to 31k by the time i woke up. So this run is very much fueled by new money/different money and a renewed interest in light of world affairs especially the fact that fiat is shitting the bed.
I think you may find that the new solid support floor is right around 28k and climbing. How high this climbs is anyones guess. It's one of those moments where you have the opportunity to take a leap of faith with a large sum of cash based on due diligence and a calculated risk assessment. It could just be the one chance that pays off huuuuuggggeeeee!!!! Fuck-I hope it does
Man not to be mean but that's kind of the same line they used back then too. I wish I would have kept all that I had when it crashed hard in 2018(?) but I sold and got out. Actually used it to buy some badass electronics for my boat. Now instead of not catching any, I can see the ones that I don't catch!!
I have nothing but the best intentions for BTC. It's been a real game changer for a ton of things. I just can't see it sustaining this massive increase. There will be a correction at some point. Another pump and dump if you will.
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Originally Posted by
gihbo
The conservative prediction is $55k
Some say up to $318K !!!!!!!!!
If we see $318 k at the end of 2021 I will never have to work again and just jet set the globe!!
Congratulations to all the brave ones who have hung in there and not sold out! You are about to see your courage rewarded
I am digging hard into alts. There are a lot of good products coming out that is not directly btc and will help a lot of people in the future when more people understand what crypto will do for them financially. The Chinese market, I hypotheses, will embrace these coins as a way for them to try to be independent from a dictatorial country. Still lots of opportunity out there! Fuck yeah gentlemen!
Booker
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